UUUU Stock Drops 4% After Q3 Earnings: Is This a Buy Opportunity?
UUUUEnergy Fuels(UUUU) ZACKS·2024-11-08 02:55

Shares of Energy Fuels (UUUU) have fallen 4% since it reported third-quarter 2024 results on Oct. 31. UUUU incurred a loss of 7 cents in the quarter, in contrast to earnings of 7 cents in the year-ago quarter, as revenues plunged 63% year over year. The company missed the Zacks Consensus Estimates for revenues and earnings.The UUUU stock closed at $6.05 on Nov. 6. Year to date, Energy Fuels’ shares have declined 15.9% against the industry’s 20% rise. It has also lagged the broader Zacks Basic Materials sect ...